NRS520.170. Express agreement unnecessary; origin of relationship.

Latest version.

An express agreement to become partners or to share the profits and losses of mining is not necessary to the formation or existence of a mining partnership. The relation arises from the ownership of shares or interests in the mine and working it for the purpose of extracting the minerals therefrom.

[2:155:1933; 1931 NCL § 5030.01]

                    
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